Machine Gun Kelly Net Worth 2024: Updated Wealth Of The Rapper

BYJake Skudder6.5K Views
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2021 MTV Video Music Awards - Arrivals
NEW YORK, NEW YORK - SEPTEMBER 12: Machine Gun Kelly attends the 2021 MTV Video Music Awards at Barclays Center on September 12, 2021 in the Brooklyn borough of New York City. (Photo by Jason Kempin/Getty Images)

Discover how Machine Gun Kelly's musical versatility, acting career, and business ventures contributed to his net worth in 2024.

Machine Gun Kelly, born Richard Colson Baker, has made a significant impact in the music industry, transitioning from his early beginnings in rap to dominating the pop-punk scene. By 2024, his net worth is estimated to be around $25 million, according to Celebrity Net Worth. In this article, we'll explore the key factors that have contributed to Machine Gun Kelly's net worth and his continued success.

Early Beginnings And Breakthrough In Rap

(Photo by Christopher Polk/Getty Images for Interscope Records )

Born in 1990, Machine Gun Kelly grew up in various parts of the United States and overseas due to his parents' military background. The rapper's love for music began at a young age and he ultimately broke into the rap scene in the early 2010s. The release of his mixtape, 100 Words And Running gained significant attention and helped build his loyal fanbase. He signed a deal with Bad Boy and Interscope Records before propelling to stardom with the release of his hit single "Wild Boy" in 2012.

Expanding His Musical Horizons

(Photo by Jerritt Clark/Getty Images for Interscope Records)

Despite his early success in rap, Machine Gun Kelly continued to explore various musical styles. Over the years, he has released multiple albums, each showcasing his versatility as an artist. 2020's Tickets to My Downfall marked a significant departure from his earlier work. The album delved into pop-punk and featured collaborations with major artists like Halsey and Blink-182's Travis Barker. The album received widespread acclaim and further solidified Machine Gun Kelly's place in the music industry.

Diversifying His Income: Acting And Business Ventures

(Photo by Charley Gallay/Getty Images for Netflix)

Machine Gun Kelly's net worth is not solely derived from his music career. He has also ventured into acting in recent years with roles in films such as Nerve (2016) and Bird Box (2018). In 2019, he appeared in The Dirt where he portrayed Mötley Crüe drummer Tommy Lee. His acting career has contributed to his increasing wealth and helped to raise his public profile.

In addition to music and acting, Machine Gun Kelly has pursued various business ventures. He has collaborated with numerous fashion brands and launched his own clothing line and label, "EST 19XX." He also co-owns the coffee shop and restaurant "27 Club" in his hometown of Cleveland, Ohio.

Philanthropy And Social Impact

(Photo by Emma McIntyre/Getty Images for SiriusXM)

MGK's charitable efforts, which, while not directly contributing to his net worth, helped build his reputation as a socially conscious artist. He has been involved in multiple philanthropic projects, including raising funds for various causes such as mental health awareness and supporting veterans.

Machine Gun Kelly's Future in Entertainment

(Photo by Jamie McCarthy/Getty Images for Redbox)

With a net worth of $25 million in 2024, Machine Gun Kelly shows no signs of slowing down. His versatility and willingness to evolve as an artist have garnered him a dedicated fan base and critical acclaim. As he continues to grow both musically and professionally, it's safe to say that MGK's net worth will likely continue to rise in the coming years.


In conclusion, Machine Gun Kelly's net worth of $25 million in 2024 can be attributed to his multifaceted career as a musician, actor, and entrepreneur. His adaptability and persistence have allowed him to thrive in the competitive world of entertainment, and it's clear that he has a bright future ahead of him.

About The Author
Jake is the SEO Content Lead for HotNewHipHop. He has more than ten years of experience covering mixed martial arts, pro wrestling, gaming and music across a number of publications, starting at SEScoops in 2012 under the name Jake Jeremy. His work has also been featured on GiveMeSport, Sportskeeda, Pro Sports Extra, Wrestling Headlines, NoobFeed, Wrestlingnewsco and Keen Gamer, again under the name Jake Jeremy. Previously, he worked as the Editor in Chief of 24Wrestling, building the site’s profile with a view to selling the domain, which was accomplished in 2019. As well as his work for HNHH, Jake is also the Editor in Chief for Fight Fans, a combat sports and pro wrestling site that was launched in January 2021 and broke into the millions of pageviews within the first two years. Jake also previously worked for the biggest independent wrestling company in the UK, PROGRESS Wrestling, as PR Head and Head of Media across the company's social channels. Jake's favourite Hip Hop artists are Kendrick Lamar, Public Enemy, The Beastie Boys and Body Count.